US stocks closed lower on Monday as investors assessed renewed uncertainty over US-Iran negotiations and higher oil prices. The Dow Jones Industrial Average fell 272.63 points, or 0.51%, to 53,459.78, while the S&P 500 and Nasdaq Composite also declined. Rising crude prices added to market pressure as the ceasefire between the US and Iran expired
US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher
N Chandrasekaran’s decision not to seek another term as chairman of Tata Sons has triggered one of the biggest leadership questions in Indian corporate history, opening the door to a succession battle at a time when the 158-year-old conglomerate is navigating some of its most ambitious and capital-intensive projects. Tata Sons, which is the holding
Bitcoin price is trading near $63,000 after repeated failures above $65,000, with US spot Bitcoin ETF outflows and weakening short-term price action keeping BTC under pressure. According to SoSoValue data, US spot Bitcoin ETFs recorded about $131 million in net outflows on August 13, extending a run of withdrawals that has reduced one of Bitcoin’s
Markets delivered another eventful session on Wednesday as investors reacted to softer-than-feared US inflation data, fresh developments in artificial intelligence, and corporate earnings. Gold climbed to a more than two-month high after inflation matched expectations, while Bitcoin weakened despite easing rate-hike bets. Super Micro Computer surged after delivering stronger-than-expected earnings and an upbeat outlook, while
US stocks finished mixed on Wednesday as gains in artificial intelligence infrastructure companies and a benign inflation report lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average closed little changed. The S&P 500 rose 0.26% to 7,748.50, and the Nasdaq Composite gained 0.54% to 26,588.49, supported by strong performances across AI-related technology
Coherent stock has done well, helped by the recent investment by Nvidia and the growing revenue trajectory. COHR has jumped by 260% in the last 12 months and 380% in the last five years. This growth has brought its market capitalization to over $64 billion, mirroring the performance of Lumentum, another top player in the
Apple AAPL shares declined about 2% on Monday after Jefferies downgraded the stock, citing concerns that the company’s rumored all-glass iPhone project has been scrapped, raising fresh questions about its ability to drive higher-priced device sales amid rising component costs. Jefferies analyst Edison Lee lowered his rating on Apple to Underperform from Hold and reduced
Crude oil prices rose on Hyperliquid as Iran issued a list of demands for reopening of the Strait of Hormuz. WTI perpetual futures jumped to $77.67, while Brent, the global benchmark, soared to $83. This rebound may continue in the new week as tensions between the US and Iran remains. Iran has issued a list
Retail crypto trading has cooled, but the dollar-pegged tokens underneath it are having their best year. “In the past 12 months, there’s been over 300 million unique users of stablecoins, which is an absurdly high number,” said Patrick Kim of the analytics firm Artemis. “If you told this to someone five years ago, they would